SOL: and key levels

Solana is currently trading around $134, showing a price increase of 7% over the past 24 hours. However, over the past seven days it has decreased by 3%. Technical analysis by experts shows that SOL remains optimistic. It is moving above the 50 and 200 EMA (Exponential Moving Average). After a significant decline on June 24, 2024, it received support from the 200 EMA. Subsequently, a strong daily bullish candle formed at the close.

If SOL closes above $137 on the daily timeframe, there could be a 12% price jump. This could potentially push SOL towards the $152 level.

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